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Latest News

Trans-Tasman Regulatory Alignment Moves a Step Closer - 9 February 2006

Companies operating on both sides of the Tasman can expect simplified regulatory obligations in the future, with the signing of a Memorandum of Understanding between the New Zealand Companies Office and the Australian Securities and Investment Commission (ASIC).

Ministry of Economic Development Website Relaunch - 7 February 2006

The Ministry of Economic Development is redesigning this website with the launch date scheduled for early February 2006.

Telco Benchmarking Report Highlights That the Race Is On - 21 December 2005

"Some progress has been made but there's much more to be done," said Communications Minister David Cunliffe about the release of a telecommunications benchmarking report today.

More Time for Government Consultation with Business - 14 December 2005

Ministers have agreed to changes that will give businesses more time to provide input into proposed government regulations or legislation, Economic Development Minister Trevor Mallard said today.

Government Shows Support for SMEs - 13 December 2005

Small Business Minister Lianne Dalziel today announced the government's strong support for recommendations from the Small Business Advisory Group.

Business Assistance Programmes Addressing Barriers - 6 December 2005

A stocktake of government policies and programmes for industry and regional development shows they are addressing barriers to business performance, Economic Development Ministry Deputy Secretary Lewis Holden said today.

Access to Finance Not a Problem for Credit-Worthy New Zealand Businesses - 12 October 2005

The majority of New Zealand businesses can access finance when they need it according to the full report on the 2004 Business Finance Survey released by Minister for Economic Development, Jim Anderton today.

New Community FM Broadcasting Opportunities - 1 September 2005

According to a government discussion paper released today, additional FM frequencies for at least five new radio stations could be made available in most areas of New Zealand.

Sulphur in Diesel to Be Reduced - 29 August 2005

Diesel fuel sold in New Zealand will soon have even lower sulphur levels. Chris Kilby, manager of the Fuels & Crown Resources group at the Ministry of Economic Development says this latest reduction will result in sulphur levels of no more than 50 ppm (parts per million), down from the current 500 ppm.

Reconsideration Requested on Mobile Termination - 9 August 2005

Minister of Communications David Cunliffe today requested the Commerce Commission to reconsider its recommendations on mobile termination rates.

End Users Benefit from Telecommunications Act Review - 9 August 2005

Minister of Communications David Cunliffe today announced proposed changes to the Telecommunications Act 2001 to make it more effective.

Small and Medium Enterprises Continue to Perform Strongly - 8 August 2005

"New Zealand's small and medium sized enterprises (SMEs) are punching above their weight", Roger Wigglesworth, Director SMEs in the Ministry of Economic Development said today.

Appointment of Peter Macaulay as Programme Manager Digital Strategy - 5 August 2005

Peter Macaulay has been appointed Programme Manager for the Government's Digital Strategy, the Ministry of Economic Development announced today.

Task Force Recommends Changes for Financial Advisers and Marketers - 4 August 2005

The Financial Intermediaries Task Force today released its final report with recommendations to the government for a package of measures designed to increase confidence for consumers in dealing with financial advisers and marketers.

Unlisted Not to Be Regulated - 1 August 2005

Commerce Minister Pete Hodgson today announced online securities market Unlisted would not be regulated at this time.

Gas Pipeline Services to Be Subject to Regulation - 27 July 2005

The gas pipelines services provided by Powerco and Vector are to be subject to regulation which is expected to result in price decreases for consumers, Energy Minister Trevor Mallard announced today.

Australia/New Zealand Business Coordination Review - 25 July 2005

A review of the Memorandum of Understanding on business law coordination with Australia was announced today by Commerce Minister Pete Hodgson.

Task Force Welcomes Submissions on Options for Change - 4 July 2005

Michael Webb, Chair of the Financial Intermediaries Task Force, today welcomed the high number of submissions made to the task force and thanked people for their contributions at consultation meetings.

Extension Granted for Mobile Termination Rate Comments - 20 June 2005

The Minister of Communications, David Cunliffe, today announced an extension to the deadline for comments on the Commerce Commission's final report on regulation of mobile termination rates under the Telecommunications Act 2001. Interested parties now have until 1 July 2005 to provide comments.

Task Force Releases Paper on Options for Change for Consultation - 23 May 2005

A consultation paper released today by the Financial Intermediaries task force sets out the issues the task force has identified from its first round of consultation and looks at options to address those issues.

Wind Energy Report Released - 16 May 2005

Energy Minister Trevor Mallard says the potential for wind-generated electricity in New Zealand appears to be greater than previously thought.

Non-Bank Finance Sector Review Announced - 13 May 2005

The government today announced a review of how a number of non-bank financial products, and providers of them, are regulated. The aim of the review is to improve the efficiency of financial markets by ensuring that there is a consistent and effective framework for the regulation of products and providers.

New Limited Partnership Regime Announced - 29 April 2005

A new limited partnership regime designed to help encourage the flow of venture capital investment into New Zealand was announced today by Commerce Minister Pete Hodgson.

Discussion Paper on Ultra Wide Band Released - 7 April 2005

Communications Minister David Cunliffe announced today that the Ministry of Economic Development has released an engineering discussion paper on spectrum allocations for ultra wide band (UWB) technology for public comment.

Energy Data File Published - 6 April 2005

Energy Minister Trevor Mallard today released the January 2005 edition of the Energy Data File, containing comprehensive statistics including energy supply and demand data.

Task Force Pleased with Responses - 11 March 2005

The Financial Intermediaries Task Force today said it had received over 250 responses to its questionnaire and over 75 responses to its issues paper.

Minister Unveils Proposed Anti-Spam Law Proposal - 23 February 2005

Information Technology Minister David Cunliffe today unveiled the shape of forthcoming legislation to combat spam.

Good Performance with Room for Improvement - 2 February 2005

New Zealand's performance against a broad range of economic indicators and the challenges that lie ahead are the key questions addressed in a joint publication released today by the Ministry of Economic Development and the Treasury.

Discussion Paper on Studio to Transmitter Links Released - 28 January 2005

Today the Communications Minister David Cunliffe announced that the Ministry of Economic Development has released an engineering discussion paper on the spectrum allocations for studio to transmitter links.

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